ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

Wipro exceeds expectations as profit surges

Indian software exporter predicts revenue to grow 2.8% in third quarter

MUMBAI (NewsRise) -- Wipro reported a 35% jump in second-quarter net profit aided by tax cuts and forecast a better-than-expected revenue growth in the current quarter, underlining signs of a recovery at the Indian software exporter.

Bengaluru-based Wipro predicted its dollar-denominated revenue will sequentially grow 2.8% at best or 0.8% at worst. Analysts were expecting the company to predict at best a 2% growth or no growth at worst. The dollar revenue grew 0.5% in the quarter ended in September.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more